A large manufacturing firm has been selling on a 3/10 net30 basis. The firm chan

A large manufacturing firm has been selling on a 3/10 net30 basis. The firm changes its credit terms to 2/20 net 90. Whatchange might be expected on the balance sheets of itscustomers?A. Increased receivables and increased bank loansB. Increased payables and increased bank loansC. Increased payables and decreased bank loansD. Decreased receivables and increased bank loans